Barack Obama
U.S. President Barack Obama is under siege. China, Brazil and Germany have spoken out against his plan to initiate $1 trillion dollars in money printing, in a faulty attempt at solving the U.S. financial crisis. It seems all Obama has done for almost two years is throw money at the problem, taking America deep into debt, yet the economy keeps getting worse.
The U.S. Republican Party is upset and plans are underway to rein in the wild spending, as it makes absolutely no sense to anyone with an understanding of economics. Why Obama persists on this path is anyone's guess.
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